HI there, I had a loan request today that included down payment assistance from the DC Commercial Property Acquisition Fund, which provides up to 25% or $750K on an owner-occupied deal. Please note their definition of OOCRE is 25% occupancy; your mileage may vary.
Anyway, if you have prospective owner-user buyers in the District with good cash flow, currently paying high rent, but want to own, they should check out this program before the funds are gone. Commercial Property Acquisition Fund
Then call me for the financing part! As long as we can run cash flow, I can get a terms sheet in three business days. firstname.lastname@example.org
I hope this helps win some deals, thanks!